According to the public record, 5, Union Park Road, Berwick-Upon-Tweed is a leasehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 474 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Union Park Road, Tweedmouth, Berwick-Upon-Tweed, TD15 is located within the TD15 postal district.
5, Union Park Road, Berwick-Upon-Tweed has 41 entries in the Land Registry database, most recently in November 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Union Park Road Berwick-Upon-Tweed as £102,068 and the rental value as £632 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 5 Union Park Road Berwick-Upon-Tweed has increased by £1,912 (1.9%) and its rental value has increased by £54 per month (8.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Union Park Road, Berwick-Upon-Tweed is in very good condition we estimate a sale value of £107,172 and rental value of £663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £94,924 and a rental value of £588 per month.
If you were able to purchase this property for the estimated value of £102,068, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £502 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 5, Union Park Road, Berwick-Upon-Tweed was last sold on 03 Nov 2022 for £72,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since Nov 2022, the market for similar properties has risen 8.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 5, Union Park Road, Berwick-Upon-Tweed within a radius of 99m over the last 2 years.
The most recent example is 45, Union Park Road, Berwick-Upon-Tweed, TD15 2HY, a Leasehold house which sold for £61,000 in Apr 2021.
Read more about house prices in TD15.
Union Park Road, Tweedmouth, Berwick-Upon-Tweed, TD15 has a total of 64 addresses. According to our analysis of all the public data, 5, Union Park Road, Berwick-Upon-Tweed is the 63rd largest and the 26th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in TD15.
5, Union Park Road, Berwick-Upon-Tweed has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 5, Union Park Road, Berwick-Upon-Tweed is Berwick-upon-Tweed station which is 800 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Union Park Road, Berwick-Upon-Tweed, 44.7% of property is socially rented and 28.8% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Union Park Road, Berwick-Upon-Tweed, 10.3% of residents are recorded as possessing school level qualifications and 15.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Union Park Road, Berwick-Upon-Tweed, the average age was 44.6 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Union Park Road, Berwick-Upon-Tweed, 0.4% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Union Park Road, Berwick-Upon-Tweed, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.